Trading software

Sunday, May 26, 2013

Rollercoaster

One of those days today!

Made a loss of less than a fiver and you might think I'd be disappointed with that but I'm actually happy. Wasn't trading today - just traditional backing and laying, a good deal of which was in the place markets again. The reason I'm happy is that at one stage I was down nearly 100 quid and I thought it was only going to get worse - but it picked up in the second half of the day and I somehow got out alive:

Had it not been for one of my bets in the non-place markets, I would have actually made a profit today:

Overall though, I'm really warming to the place markets and while I don't want to count my chickens, I'm beginning to churn a profit at them. I've 217 bets under the belt in the place markets, mostly lays. I'm using a €20 liability on each bet and the profit at the moment is about 18pts, which equates to €357 in real terms.

Again, I'm around the block long enough to realise that it could be just a winning streak but I'll keep at it and please God it will continue to pay:

About Me

WAYNE Bailey was born in Dublin where he still lives with daughter. A librarian by profession, Wayne has always had a passion for betting and trading and has spent various periods throughout his life as a professional gambler. In 2007, he graduated from University College Dublin with a degree in social science and information studies and four years later, he completed a diploma in financial trading from the Irish Institute of Financial Trading. More recently, he studied psychology and the behaviour of the human mind. Wayne is a regular contributor to various newspapers and websites in the UK and Ireland, and he currently pens the Betting Ring column which enjoys a large dedicated following every Saturday in Ireland’s largest selling newspaper The Irish Independent. Wayne's book 'Sports Trading on Betfair' was published in 2014. Email: waynebaileyracing@gmail.com